Velan Hotels net profit declines 32.50% in the March 2013 quarter

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For the Audited full year,net profit declined 35.11% to Rs 0.61 crore in the year ended March 2013 as against Rs 0.94 crore during the previous year ended March 2012. Sales declined 3.54% to Rs 14.18 crore in the year ended March 2013 as against Rs 14.70 crore during the previous year ended March 2012.
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First Published: Jun 04 2013 | 2:55 PM IST